Mexican security risks highlighted in new reports
Escalating security risks and a legacy of lengthy project approvals are increasing investor scrutiny of mining exposure to Mexico, TD Cowen says. Recent incidents linked to cartel activity — such…
silver production
Lundin Gold sells silver stream to LunR in $670M deal
Lundin Gold (TSX: LUG) said it will sell a silver stream on its Fruta del Norte mine in Ecuador in return for newly issued shares of LunR Royalties (TSX-V: LUNR)…
Hecla nearly doubles exploration budget
Hecla Mining (NYSE: HL), the largest silver producer in the U.S. and Canada, plans to almost double investments this year on exploration and pre-development activities. The stock surged. Idaho-based Hecla…
Battered Vizsla keeps ‘long-term’ commitment to Mexico silver-gold mine
Vizsla Silver (TSX; NYSE: VZLA) said it remains determined to develop the Panuco silver-gold project in Mexico’s strife-torn Sinaloa state even after an armed group kidnapped 10 company workers, killing…
Kidnappers kill Vizsla mine workers in Mexico
Some Vizsla Silver (TSX, NYSE: VZLA) workers who were abducted last month in west-central Mexico have been killed, the company said. The stock plunged. Vizsla said Monday it’s been informed…
US mineral supply vulnerable to China chokehold: report
A new report by the United States Geological Survey reveals that the U.S. has grown more reliant on foreign imports of minerals over the past year, highlighting the increased urgency…
DPM adds 20% gold-silver to extend Bulgaria mine
DPM Metals (TSX: DPM) says a resource update for its Chelopech gold-copper mine in Bulgaria has added four years to the property’s operational life. Chelopech is now projected to have…
Osisko says new assays extend Gaspé deposit’s depths
Canadian mine developer Osisko Metals (TSX: OM; US-OTC: OMZNF) said new drilling at its Gaspé copper project in Quebec extended the deposit’s vertical depths to almost 1,000 metres. The stock…
Vizsla sees 7-month payback for Panuco project
Vizsla Silver (TSX, NYSE: VZLA) said a new study shows the company would need less than a year to recoup its investment if it proceeds with the flagship Panuco silver-gold…
AbraSilver jumps to record on Diablillos drilling results
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) stock closed at an all-time high Tuesday after the miner said new drilling at its flagship Diablillos project in northwestern Argentina showed the presence…
Pan American signs $2.1B deal to buy MAG Silver
Pan American Silver (TSX, NYSE: PAAS) agreed to buy MAG Silver (TSX, NYSE: MAG) for about $2.1 billion in cash and stock to gain a stake in Mexico’s large-scale Juanicipio…
Silver miners hit hard by lockdowns, GlobalData says
Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to disrupted mining activities across the globe. Thirty-two countries have passed partial or complete lockdown orders, leading…